Tag: Crude oil
Dangote refinery resumes purchase of crude oil from US
The latest development could mean that the naira-for-crude deal by the federal government fell through or that the refinery is ...
Nigeria Lost 8 Million Barrels of Crude Oil to Theft in 2023 – NEITI
NEITI reported that approximately 7.68 million barrels of crude oil were stolen or lost in 2023, marking a 79% decrease ...
Dangote Group Plans Crude Oil Production to Support $20bn Refinery
The Dangote Group plans to start crude oil production in Q4 2024 to support its $20 billion refinery, seeking FPSO ...
BREAKING: NNPC raises petrol price to N897 per litre
Many NNPC filling stations had already effected the prices The Nigerian National Petroleum Company Limited (NNPC) Tuesday raised the pump ...
Kyari Urges Military to Sustain Onslaught Against Crude Oil Theft
NNPC CEO Mele Kyari praised military actions against oil theft, linking increased crude production to their efforts in securing pipelines ...
Edo Refinery Laments Lack of Crude Supply by NNPC, Local Companies
AIPCC Energy Limited expressed concerns about inadequate crude oil supply, hindering the Edo Refinery's ability to operate at full capacity ...
Oil Sector: I’ll Reveal The Truth When Time Comes – Kyari
Mele Kyari, CEO of NNPCL, promised to reveal the truth about the company's operations amid Senate investigations into economic sabotage ...
Oil Theft Pushing Investors Away From Nigeria – Igiehon
Osa Igiehon, CEO of Heirs Energies, stated that oil theft in Nigeria is deterring investment, alongside the global shift to ...
FEC Approves Sale Of Crude Oil To Dangote In Naira
The exchange rate will be fixed for the duration of this transaction The Federal Executive Council (FEC) has approved the ...
FG holds meeting with Dangote, regulators over refinery controversy
NMDPRA's Chief Executive had alleged that the Dangote refinery operates without a license and produces high-sulphur products. The claims have ...
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